Current Attempt in Progress

Shamrock Company issued $$1,090,000,9\%,10-$year bonds on December $31,2019,$ for $$1,046,400.$ Interest is payable annually on

December $31.$ Shamrock uses the straight$-$line method to amortize bond premium or discount.

Prepare the journal entries to record the following events. $($Credit account titles are automatically indented when the amount is entered. Do

not indent manually.$)$

$($a$)$ The issuance of the bonds.

$($b$)$ The payment of interest and the discount amortization on December $31,2020.$

$($c$)$ The redemption of the bonds at maturity, assuming interest for the last interest period has been paid and recorded.